Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Return of Superpeso? The Mexican Peso Reached its Best Day in 17 Days on Thursday

The Mexican peso experienced its best day in over two weeks on Thursday, bolstered by the weakening U.S. dollar as macroeconomic data from the United States signaled that the Federal Reserve (Fed) could begin reducing the cost of credit next week. The peso registered a gain of 1.62%, or 32.11 cents, closing at 19.4724 pesos per U.S. dollar, marking its strongest level since August 26.

Read Full Story

Related Posts

El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

Puerto Vallarta approved El Jorullo as its eighth municipal delegation, expanding local representation in a...
Puerto Vallarta port schedules emergency drill

Puerto Vallarta port schedules emergency drill

Port officials scheduled a Level III emergency drill for May 14 in Puerto Vallarta, with...
Culture and creativity support 1.43 million jobs in Mexico

Culture and creativity support 1.43 million jobs in Mexico

Mexico’s cultural sector supports 1.43 million jobs and 2.8% of GDP, sharpening calls for stronger...
Mexico Sinks Onjuku Ship to Build Gulf Reef Habitat

Mexico Sinks Onjuku Ship to Build Gulf Reef Habitat

Mexico’s Navy sank the former Onjuku off Tamaulipas to create an artificial reef meant to...